Andreas Preuss, the head of Eurex, says industry effort is required to convince regulators of benefits of HFT

Andreas Preuss, chief executive of
German derivatives exchange Eurex, has said that high frequency
trading (HFT) is here to stay in the futures markets.

Speaking at the FIA International
Derivatives Expo (IDX), he called for an industry-wide effort
to drive the message to regulators that HFT in fact stabilises
the market, and any slowing down of trading would have
increased costs.